Colorado: Legal Marijuana Sales Total Nearly $1 Billion in 2015

DENVER, CO — Colorado’s licensed sales of marijuana totaled nearly one billion dollars in 2015, according to economic data provided by the state Department of Revenue.

Licensed retail stores sold $996,184,788 worth of cannabis in the past year, resulting in $135 million in new tax revenue.

As mandated by state law, $35 million in tax revenue was earmarked for public school construction projects.

Total sales in 2015 far exceeded those of 2014, during which time retailers sold just under $700 million in cannabis-related products.

Legal…